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Indel Money Limited announces Public Issue of up to Rs.200 crores of Secured, Redeemable Non-Convertible Debentures (NCDs)

 .   Secured NCDs of face value of Rs.1,000 each ·        The Issue includes a Base Issue Size for an amount of up to Rs.100 crores with an option to retain over-subscription up to Rs. 100 crores aggregating up to Rs.200 crores ·        Issue opens on Tuesday, January 30th, 2024 and closes on Monday, February 12th, 2024 ·        Doubling of investment in 72 months – Option VIII ·        Coupon yielding up […]

Gautam Adani
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Promoters to Invest INR 9,350 crore equity in Adani Green

• The Board of AGEL approved issuance of INR 9,350 crore of warrants on a preferential basis to the promoter group at a share price of INR 1,480.75/share,calculated basis SEBI ICDR regulations • Funds to be utilized for deleveraging and accelerated growth capex in AGEL to deliver 45 GW capacity by 2030 • This transaction […]

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Rs 1.56 lakh crores worth of MoUs singed in presence of Bhupendra Patel

In presence of Gujarat Chief Minister Bhupendra Patel, as a precursor to upcoming VGGS Vibrant Gujarat Global Summit 2024, MoU Memorandum of Understandings were signed today in Gandhinagar in the presence of State Finance, Health, Industry, Agriculture and Tourism Ministers. Forty Seven MOUs were signed between Government of Gujarat and various industry groups for a […]

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Ministry of Home Affairs financial assistance of Rs. 338.24 crore to Gujarat, for Cyclone Biparjoy damage

MHA also approves an additional financial assistance of Rs. 633.73 crore from NDRF to Himachal Pradesh, which was severely affected by floods, cloudbursts, and landslides during the southwest monsoon, this year Under the leadership of Prime Minister Shri Narendra Modi Ji the centre and the Gujarat government made advanced preparations and achieved a zero casualty […]

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India Shelter Finance Corporation Limited:Initial Public Offer of ₹1200 crore to open on December 13, 2023

Price Band fixed at ₹469to ₹493 per Equity Share of face value of ₹ 5 each (“Equity Share”); Bid /Offer will open on Wednesday, December 13, 2023 and close on Friday, December 15, 2023. The Anchor Investor Bidding Data Shall be Tuesday, December 12, 2023 Bids can be made for a minimum of 30Equity Shares […]

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Adani Portfolio Delivers Highest Ever EBITDA Growth, Jumps 47% y-o-y in H1FY24; Crosses Rs 43K cr

H1 FY24 EBITDA of INR 43,688 crore (USD 5.3 billion), up 47% YoY—highest ever half-year growth Core infrastructure businesses that provide high degree of predictability, stability and multi-decadal visibility contributed 86% of total EBITDA Trailing-Twelve-Month EBITDA of Rs 71,253 crore (USD 8.6 billion), around 3x of FY19 EBITDA Enhanced liquidity position: highest ever Cash & […]

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FEDBANK FINANCIAL SERVICES LIMITED INITIAL PUBLIC OFFERING TO OPEN ON WEDNESDAY,NOVEMBER 22, 2023

Price Band fixed at ₹ 133 to ₹ 140 per Equity Share of face value of ₹ 10 each (“Equity Share”) Employee discount of ₹10 per Equity Share; The Floor Price is 13.30 times and the Cap Price is 14.00 times the face value of the Equity Shares; Bid/ Offer will open on Wednesday, November […]

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Gujarat government Fixed Salary wages of Class III and IV increased by 30 %

In the recent cabinet meeting chaired by Gujarat Chief Minister Bhupendra Patel , it has been decided to give a big gift to all fixed salary employees of the state. It has been decided to increase existing wages of 61,560 fixed-wage employees of the state by 30 %. Rise in salary will be implemented with […]

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IIFL Finance’s Bonds Issue Offers up to 9% yield; to Raise Rs 1500 Crores

IIFL Finance, one of India’s largest Non-Banking Financial Companies, will open a public issue of secured bonds on June 9, 2023, to raise up to Rs. 1,500 crores, for the purpose of business growth and capital augmentation. The bonds offer up to 9% yield and high degree of safety.  IIFL Finance will issue secured redeemable […]

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AMC Budget 2023-24 : Congress Councillors attacked on Issue of non payment of Tax by Adani

In Ahmedabad there was a big protest and ruckus in two days long Budget Session of AMC Ahmedabad Municipal Corporation regarding Adani’s tax. There has been a lot of protest in AMC budget regarding Adani tax. Opposition during Budget Session asked why tax worth Crores of rupees tax to be collected from Adani, is it […]